Headwater Gold, OceanaGold start 3,500-meter drill program at Jake Creek project in Nevada

• Headwater Gold began a drill program at the Jake Creek gold project in Nevada under an earn-in with OceanaGold.
• Plan calls for about 3,500 meters in 8 to 10 holes using RC and core drilling to test epithermal targets.
• OceanaGold is funding the program under a US$ 10 million spend to earn a 51% interest in Jake Creek.
• Early core holes target the Discovery Corridor, where historical drilling cut 11.30 g/t Au over 1.53 m within 45.73 m at 0.98 g/t Au.
• Most drilling shifts to new targets across the property, including Pete’s Vein, Frostline, Owyhee, and Snowstorm.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Headwater Gold Inc. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202606020630TNWSWRCACNPR_____1Bb4Faz08) on June 02, 2026, and is solely responsible for the information contained therein.